YieldMax MARA ETF Cuts Weekly Distribution 19% to $0.0319

Investors in the YieldMax MARA Option Income Strategy ETF (MARO) are scheduled to receive $0.0319 per share this week, about 19% less than the fund’s prior weekly payment.

MARO declared the distribution Oct. 21. Oct. 22 is both its ex-distribution and record date, with payment set for Oct. 23. The previous weekly amount was $0.0394 per share. The fund’s Oct. 7 distribution of $0.0470 per share offers an earlier comparison.

The fund lists a 65.26% distribution rate. That rate annualizes the latest payment and compares it with the fund’s most recent net asset value; it does not measure total return. MARO’s 30-day SEC yield is 3.10% and excludes option income.

The latest payment is estimated to consist of 90.84% return of capital and 9.16% income. Its final tax character will be determined on Form 1099-DIV.

MARO sells call spreads tied to MARA Holdings Inc. (MARA) to seek option premiums while retaining some participation in share-price gains. It uses options contracts rather than holding MARA shares. Distributions can vary, and return-of-capital payments may reduce the fund’s net asset value and trading price over time.